Financial Strength
How secure is your insurance company’s future?
As Conventus grows, adding more of NJ’s top private practice physicians every day, the focus remains on growing the right way. With a conservative, fiscally responsible approach to capitalization, pricing and admissions, Conventus has built a company that is financially strong and ideally positioned for long-term growth and success.
To gauge the stability of an insurance company, just look at its reinsurance support. Reinsurance companies are experts at assessing an insurance company’s financial strength and the way they do business, to decide whether that company would be a good risk to reinsure. Reinsurance is crucial for long-term survival because it allows an insurance company to transfer risk to other companies and protect its assets.
The reinsurance community has studied Conventus and provided enough reinsurance support to protect the company’s assets and provide the capacity to offer higher limits. And Conventus gets that support from reinsurance companies rated “A” or better.
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What Physicians Say
ABOUT Conventus
"Unlike commercial insurance companies, Conventus is focused on protecting its member physicians and their reputations, not on protecting its profits. Conventus gives me physician governance, a strong and experienced legal team, and guaranteed “consent to settle” rights, all of which make me very confident about having Conventus on my side in the event of a claim. "
-G.A.P. Ganepola, M.D.; General Surgeon; Mahwah, NJ
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